£224,934
This estimated value is based upon the latest sale price for the house of £142,500 on 29 Feb 2008. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£142,500 | 29 Feb 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 110 sq meters or 1,184 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST SUSSEX to estimate the market value.
When this house was purchased in February 2008 the House Price Index for WEST SUSSEX was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £142,500 results in an estimated price of approximately £224,934.
29 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 149.7 | 57.849 % | £142,500 | £82,434 | £224,934 |
The Postcode Pricing Model uses changes in average sales price within the PO21 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 110.221 % | £157,065 | £299,565 |
3 Month Average | 45.011 % | £64,141 | £206,641 |
6 Month Average | 41.907 % | £59,717 | £202,217 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Sep 2023 | £204,508 | £200,000 | FLAT 1 SUSSEX COURT PARK ROAD |
24 Feb 2023 | £357,387 | £355,000 | 9 VICTORIA ROAD SOUTH |
29 Nov 2022 | £207,530 | £208,500 | FLAT 12A ELIZABETH COURT PARK TERRACE |
30 Sep 2022 | £193,870 | £194,000 | FLAT 16 ELIZABETH COURT PARK TERRACE |
1 Jul 2022 | £172,731 | £171,000 | FLAT 1 14 PARK ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 9 Sep 2010. Using an estimated price of £224,935 means this house is valued at £2,044 per sq meter (£189 per sq foot).
The average size of a house on PARK TERRACE is 87 sq meters (936 sq feet).
This house is the largest in the street with a floor area of 110 sq meters (1,184 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Under investigation | On or near Park Road |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Park Road |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Road |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Road |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road South |